D-Link 2004 Annual Report Download - page 39

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11
D-LINK CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements
(Continued)
5. Notes and Accounts Receivable
The components of notes and accounts receivable as of December 31, 2003 and 2004, are
summarized below:
December31,
2003 2004
Notes receivable $ 149,354 51,536
Accounts receivable 4,518,969 5,719,909
4,668,323 5,771,445
Less: allowance for doubtful accounts (189,362) (128,362)
$ 4,478,961 5,643,083
6. Inventories
The components of inventories as of December 31, 2003 and 2004, are summarized below:
December31,
2003 2004
Finished goods $ 3,903,202 5,150,566
Work in process 514,863 422,542
Raw materials 1,333,526 1,060,757
5,751,591 6,633,865
Provision for obsolescence and devaluation (669,426) (591,086)
$ 5,082,165 6,042,779
Insurance coverage on inventories $ 3,657,833 5,699,921